NOT LISTED FOR SALE

60-64 Cumberland Ave Paterson, NJ 07502

Hillcrest Neighborhood

Estimated Value: $431,000

0.17 Acre
$2,505,814 Price per Acre
7,492 Sq Ft Lot

Last Sold April 07, 2023

Last sale price $399,000

Est. 8% increase in value since last sale

Current estimated payment $2,752/month

184 Days on Market

About This Lot

As of April 2023

2 lots zoned commercial Includes 60-64 Cumberland (.17 ac) and 66-74 Cumberland block 1501 lot 24, (.29 ac)

Last Agent to Sell the Property

Domingo Rodriguez

EXP Realty, LLC Listed on: 09/08/2022

EXP Realty, LLC

Last Buyer's Agent

Hee Yeon Park

RE/MAX Signature Homes

RE/MAX Signature Homes

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,762

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 160801501 00023

Property Details

Property Type

Land

Est. Annual Taxes

$5,762

Lot Details

0

Listing Details

  • Property Short: LND
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • County Name: PASSAIC
  • Lot: 00023
  • AV Acres: 0.290
  • Improvements: O/See Remk
  • Topog: Level
  • Wetlands: Not Known

Tax Info

  • Assessor Parcel Number: 160801501 00023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Mar 31, 2023
Sold by
Paragon Property Holdings Llc
Bought by
Lee John and Lee Helen
Seller's Agent
Domingo Rodriguez
EXP Realty, LLC
Buyer's Agent
Hee Yeon Park
RE/MAX Signature Homes
List Price
$399,000
Sold Price
$399,000
Views
120
Current Estimated Value
$431,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,000
Avg. Annual Appreciation
2.99%

Purchase Details

Closed on
Sep 27, 2019
Sold by
Little Thomas and Little Joann
Bought by
Paragon Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 24, 1976
Bought by
Little Thomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee John $399,000 Stewart Title
Lee John $399,000 Stewart Title
Paragon Property Holdings Llc $2,500,000 Title Agency Of Nj Inc
Little Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paragon Property Holdings Llc $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $399,000 0.0% --
03/11/2023 03/11/23 Pending -- -- --
03/08/2023 03/08/23 Off Market $399,000 -- --
09/08/2022 09/08/22 For Sale $399,000 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,762 $113,100 $80,000 $33,100
2024 $5,545 $113,100 $80,000 $33,100
2022 $5,250 $113,100 $80,000 $33,100
2021 $5,062 $113,100 $80,000 $33,100
2020 $6,809 $163,100 $105,000 $58,100
2019 $6,743 $163,100 $105,000 $58,100
2018 $6,718 $155,300 $105,000 $50,300
2017 $6,011 $144,500 $105,000 $39,500
2016 $6,270 $144,500 $105,000 $39,500
2015 $5,936 $144,500 $105,000 $39,500
2014 $4,628 $159,600 $130,400 $29,200
Source: Public Records

Agents Affiliated with this Home

  • Domingo Rodriguez

    Seller's Agent in 2023

    Domingo Rodriguez

    EXP Realty, LLC

    (973) 296-3776

    4 in this area

    111 Total Sales

    Domingo Rodriguez
    Section Image

  • H

    Buyer's Agent in 2023

    Hee Yeon Park

    RE/MAX

    (201) 981-0379

    1 in this area

    23 Total Sales

    Hee Yeon Park
    Section Image
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Map

Source: New Jersey MLS

MLS Number: 22033373

New Jersey MLS

APN: 08-01501-0000-00023

New Jersey Passaic County Paterson 07502 Hillcrest

60-64 Cumberland Ave, Paterson, NJ

Not Listed for Sale

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